Go-Go Fund


DEFINITION of 'Go-Go Fund'

A slang name for a mutual fund that has an investment strategy that focuses on high-risk securities in an attempt to capture above average returns. A go-go fund's aggressive approach usually involves holding large positions in growth stocks.


Go-go funds entice investors by promising large, abnormal returns created from shifting portfolio weights around speculative information. While investors may experience superior profits, they are also bearing a great deal of risk. These types of mutual funds were highly valued in the 1960s, but became less popular after large downturns in their speculative holdings.

  1. Overweight

    1. A situation where a portfolio holds an excess amount of a ...
  2. Speculation

    The act of trading in an asset, or conducting a financial transaction, ...
  3. Underweight

    1. A situation where a portfolio does not hold a sufficient amount ...
  4. Growth Fund

    A diversified portfolio of stocks that has capital appreciation ...
  5. Growth Stock

    Shares in a company whose earnings are expected to grow at an ...
  6. Mutual Fund

    An investment vehicle that is made up of a pool of funds collected ...
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